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2490 Thornton DR Atlanta, GA 30349
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Key Details
Sold Price $275,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,492 sqft
Price per Sqft $184
Subdivision Thornton Woods
MLS Listing ID 7441843
Style Ranch
Bedrooms 10
Full Baths 3
Year Built 1969
Annual Tax Amount $2,247
Tax Year 2023
Lot Size 1.110 Acres
Property Description
Sitting on over 1 acre of land, this vacant property is ideal for a savvy owner. It needs about $15,000 worth of TLC to be up and running as a high cash flow rental. Could also be ideal for an owner occupant willing to make minor repairs, or a buyer in need of multiple rooms for extra income/guests. When it was rented out it grossed $6500 per month on average, a staggering 14%+ cap rate, and was managed on the PadSplit platform for furnished rentals. It?s close to public transit, the interstates, the busiest airport in the world, and major logistics centers to ensure superb connectivity and access to jobs. Will not go FHA/VA, likely needs to be cash or hard money lenders only.
Location
State GA
County Fulton
Rooms
Other Rooms None
Dining Room None
Interior
Heating Central, Natural Gas
Cooling Central Air
Flooring Ceramic Tile
Fireplaces Type None
Laundry In Basement
Exterior
Exterior Feature Private Yard
Parking Features None
Fence None
Pool None
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Composition
Building
Lot Description Back Yard, Private, Wooded
Story One
Foundation None
Sewer Public Sewer
Water Public
Structure Type Brick 4 Sides,Brick Front
New Construction No
Schools
Elementary Schools Nolan
Middle Schools Mcnair - Fulton
High Schools Creekside
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Cornerstone Real Estate Partners, LLC